Bank of Ireland (IRE) NewsBite - One Of Today's Top Losers So Far

Posted: Tuesday, November 03, 2009 11:30 AM EDT

Bank of Ireland (IRE) leads the list of top losers so far today and is now at $8.42, down $1.06 (-11.18%) on volume of 765,881 shares traded. Over the last 52 weeks the stock has ranged from a low of $.66 to a high of $20.18. stock has been showing support around $8.41 and resistance in the $10.53 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for IRE. If you are looking for a hedged play on IRE the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]

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